PFG Investments LLC Sells 117 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

PFG Investments LLC cut its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 13.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 757 shares of the specialty retailer’s stock after selling 117 shares during the period. PFG Investments LLC’s holdings in O’Reilly Automotive were worth $898,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Asset Dedication LLC boosted its holdings in shares of O’Reilly Automotive by 6.2% during the 3rd quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer’s stock valued at $178,000 after buying an additional 9 shares in the last quarter. Marks Group Wealth Management Inc boosted its holdings in shares of O’Reilly Automotive by 1.5% during the 3rd quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock valued at $697,000 after buying an additional 9 shares in the last quarter. Venturi Wealth Management LLC boosted its holdings in shares of O’Reilly Automotive by 8.5% during the 3rd quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock valued at $132,000 after buying an additional 9 shares in the last quarter. Metis Global Partners LLC boosted its holdings in shares of O’Reilly Automotive by 0.5% during the 3rd quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock valued at $2,145,000 after buying an additional 9 shares in the last quarter. Finally, L.M. Kohn & Company boosted its holdings in shares of O’Reilly Automotive by 1.4% during the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock valued at $753,000 after buying an additional 9 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on ORLY. Truist Financial boosted their target price on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a report on Friday, October 25th. Wells Fargo & Company lifted their price target on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a research report on Tuesday. Evercore ISI lifted their price target on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 3rd. DA Davidson reaffirmed a “buy” rating and issued a $1,275.00 price target on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Finally, BMO Capital Markets assumed coverage on O’Reilly Automotive in a research report on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 price target for the company. Two equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $1,301.82.

O’Reilly Automotive Stock Down 0.3 %

NASDAQ ORLY opened at $1,278.34 on Wednesday. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,289.93. The firm has a market capitalization of $73.80 billion, a P/E ratio of 31.63, a PEG ratio of 2.30 and a beta of 0.94. The company has a 50-day moving average price of $1,226.50 and a 200-day moving average price of $1,172.24.

Insider Activity

In related news, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the transaction, the director now directly owns 700 shares in the company, valued at approximately $856,849. The trade was a 46.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the transaction, the senior vice president now owns 5 shares of the company’s stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.55% of the company’s stock.

O’Reilly Automotive Profile

O’Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.